Vacuum Cleaners Discussions |
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DysonInventsBig
Location: USA
Joined: Jul 31, 2007
Points: 1454
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See how Dyson technologies are selling at some of the big box stores...
Original Message Mar 6, 2009 2:50 am |
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DysonInventsBig
Location: USA
Joined: Jul 31, 2007
Points: 1454
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Re: See how Dyson technologies are selling at some of the big box stores...
Reply #19 Mar 7, 2009 11:11 pm |
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DIB wrote: "You always spout off about numbers to back statements. Give us the numbers for all major vacuums and let us see if they are all suffering." Which numbers? Number of units sold? Dollar volume on units sold? Total reveues including bags, filters, replacement parts and cleaning products? While sales of vacuums have remained at relatively high levels, I would venture that profit margins have declined for all vacuum manufacturers, as they have for manufacturers of virtually any product you care to name. To fight eroding profit margins, even Kirby has outsourced the manufacture of its componenets offshore, to be shipped to and assembled in the plant in Cleveland, OH. (Anyone know if Kirby still has their manufacturing facility in Andrews, TX?) The only real figure that matters is who will be left standing after the world wide economic market has begun its recovery. Trebor That quote belongs to Mr. Hardsell, not me. DIB
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: See how Dyson technologies are selling at some of the big box stores...
Reply #20 Mar 8, 2009 7:58 am |
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Carmine wrote: ....privately owned companies, like dyson, are hesitant to report honest broker figures in bad times for fear of the industry ripple effects. They spin the numbers to their advantage. So Dyson is in the numbers racket, eh? ROFLMAO! Good one Carmine! Trebor
In good times, numbers take care of themselves. In bad times, the numbers do businesses in. Let's see: Linen-N-things. Out of business. Circuit City. Out of business. Many others tettering on the brink will go under. Good business people, whether they like to or not, have to know and manage the numbers. Even more so in the current bad times. You're only as good as your latest numbers. Most retailers no longer report quarterly sales amounts and earnings. In good times, they couldn't wait to announce and broadcast. Word sent the companies' stock prices soaring on Wall Street. Now, in bad times, one by one all the retailers have added their names to the list of businesses that don't report these numbers every quarter. They know the numbers. Still collect and review them. But they don't want to share any more wth the "street." Have to massage and spin to put them in the best light.
Alos note, the US stock exchanges have altered their rules on delisting stocks for trade. Use to be, anytime a stock went below $1.00 it was de-listed off the AMEX, NASDAQ, and NYSE. No more. They continue to trade. If the rule was still enforced, hundreds and thousands of companies wouldn't be traded publicly. Numbers! Necessary evil of business. Carmine D.
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